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Pennsylvania Warranty Deed from Individual to Individual

Warranty Individual General

Name: Pennsylvania Warranty Deed from Individual to Individual
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.85 (474 reviews)

Category:

Pennsylvania Real Estate - Deeds - Warranty

State:

Pennsylvania

Control #:

PA-02-78

Format:

Instant download

Description West Virginia Warranty

This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.

LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate

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Pa Deed FAQ

A personal representative deed and warranty deed are the same only in that they both convey ownership of land. The types of title assurance that the different deeds provide to the new owner are very different.

The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.

After your Warranty Deed has been recorded at the County Clerk's Office, it can be sent to the grantee. However, any person or corporation can be designated as the recipient of the recorded Warranty Deed.

Used to transfer property rights from a deceased person's estate. Involves Probate Court. Like a Quit Claim deed, there are no warranties. Generally, the Personal Representative is unwilling to warrant or promise anything relating to property that he/she has never personally owned.

The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

To transfer property in Pennsylvania, you'll need to prepare and execute a deed and record it in the county where the property is located. If the transfer was in exchange for money, you'll have to pay transfer tax.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

Warranty Individual General

Description West Virginia Warranty

Warranty Deed Form Blank Related Forms

How to fill out Warranty Deed General Template?

Show more info

Warranty Deed General Form Form Rating

Warranty Deed Form Printable Form popularity

Warranty Deed Form Download Other Form Names

Pa Deed FAQ

Is a personal representative deed the same as a warranty deed?

Who keeps the original deed?

What happens to the original warranty deed after it has been recorded?

What is a rep deed?

Who prepares a warranty deed?

Does a warranty deed prove ownership?

Who keeps original warranty deed?

How do you transfer a deed in PA?

Does a warranty deed mean you own the property?

Warranty General Form Trusted and secure by over 3 million people of the world’s leading companies

Warranty Individual General

Description West Virginia Warranty

Warranty Deed Form Blank Related Forms

Related legal definitions

How to fill out Warranty Deed General Template?

Show more info

Warranty General Form Trusted and secure by over 3 million people of the world’s leading companies